Little Rick secures six-figure seed investment from Ian Page to fund US expansion.
The hemp beverage brand has raised six figures from former Dechra Pharmaceuticals CEO Ian Page.
Little Rick produces a range of high-strength, full-spectrum hemp-infused beverages formulated for relaxation and wellness.
Hemp beverage producer Little Rick has secured a six-figure seed investment from Ian Page to fund its entry into the US market and deepen its UK footprint. The capital will enable the firm to establish US distribution channels, launch a new line of hemp-derived THC and CBD drinks, and scale marketing efforts on both sides of the Atlantic.
Ian Page, former CEO of Dechra Pharmaceuticals, joins as the sole named investor backing the round. The transaction utilized legal infrastructure provided by FounderCatalyst to facilitate an agile funding process.
From the founder
"We’ve always believed in the potential of our products, and this investment will allow us to bring them to a much broader audience, particularly in the US. It’s an opportunity to build on our UK success and take it to the next level. We’re eager to embrace the opportunities ahead and make a lasting impact in new markets."
Norman Kremer
Co-founder at Little Rick
Use of funds
- 01Expand into international markets
- 02Invest in sales and marketing